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BlackRock High Yield Bond Portfolio
mutual fund
BHYIX
Dividend policy
Active
Price as of:
$7.85
-0.02
-0.25%
primary theme
High Yield Bond
BHYIX (Mutual Fund)
BlackRock High Yield Bond Portfolio
Dividend policy
Active
Price as of:
$7.85
-0.02
-0.25%
primary theme
High Yield Bond
BHYIX (Mutual Fund)
BlackRock High Yield Bond Portfolio
Dividend policy
Active
Price as of:
$7.85
-0.02
-0.25%
primary theme
High Yield Bond
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
0.8%
1 yr return
11.6%
3 Yr Avg Return
6.6%
5 Yr Avg Return
6.6%
Net Assets
$23.9 B
Holdings in Top 10
8.8%
52 WEEK LOW AND HIGH
$7.9
$7.43
$7.95
Expenses
OPERATING FEES
Expense Ratio 0.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 119.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
High Yield Bond
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
BHYIX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 6.6%
- 5 Yr Annualized Total Return 6.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.37%
- Dividend Yield 4.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock High Yield Bond Portfolio
-
Fund Family NameBlackRock
-
Inception DateNov 19, 1998
-
Shares Outstanding1798298589
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Keenan
Fund Description
The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.
BHYIX - Performance
Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -69.1% | 17.7% | 34.37% |
| 1 Yr | 11.6% | -16.2% | 44.9% | 35.81% |
| 3 Yr | 6.6%* | -14.6% | 17.4% | 24.31% |
| 5 Yr | 6.6%* | -7.1% | 13.4% | 14.24% |
| 10 Yr | 7.5%* | 2.5% | 10.8% | 11.88% |
* Annualized
Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.3% | -75.1% | 399.1% | 41.31% |
| 2019 | 8.8% | -56.9% | 226.1% | 27.00% |
| 2018 | N/A | -61.3% | -0.4% | N/A |
| 2017 | N/A | -49.0% | 18.8% | N/A |
| 2016 | N/A | -25.2% | 28.6% | N/A |
Total Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -69.1% | 17.7% | 34.50% |
| 1 Yr | 11.6% | -18.7% | 52.4% | 30.74% |
| 3 Yr | 6.6%* | -14.6% | 16.3% | 23.11% |
| 5 Yr | 6.6%* | -7.1% | 12.7% | 14.90% |
| 10 Yr | 7.5%* | 2.5% | 10.8% | 11.07% |
* Annualized
Total Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.3% | -75.1% | 399.1% | 41.31% |
| 2019 | 8.8% | -56.9% | 23.9% | 29.57% |
| 2018 | N/A | -61.3% | 0.9% | N/A |
| 2017 | N/A | -49.0% | 18.8% | N/A |
| 2016 | N/A | -25.2% | 39.0% | N/A |
NAV & Total Return History
BHYIX - Holdings
Concentration Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Assets | 23.9 B | 3.09 M | 29.8 B | 1.49% |
| Number of Holdings | 1636 | 1 | 2534 | 1.36% |
| Net Assets in Top 10 | 2.09 B | -557 M | 4.07 B | 1.61% |
| Weighting of Top 10 | 8.75% | 2.6% | 100.0% | 71.20% |
Top 10 Holdings
- BlackRock Liquidity T-Fund Instl 3.52%
- TransDigm, Inc. 6.25% 1.25%
- Ascent Resources Utica Holdings Ll Tl 0.56%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
- Ascent Resources Utica Holdings Ll Tl 0.55%
Asset Allocation
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Bonds | 94.51% | 0.00% | 149.08% | 47.65% |
| Stocks | 2.22% | 0.00% | 38.15% | 17.20% |
| Convertible Bonds | 1.77% | 0.00% | 18.19% | 36.39% |
| Cash | 1.37% | -46.64% | 100.00% | 69.06% |
| Other | 0.14% | -53.57% | 32.06% | 15.84% |
| Preferred Stocks | 0.00% | 0.00% | 13.89% | 57.55% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Energy | 42.74% | 0.00% | 100.00% | 46.94% |
| Real Estate | 20.42% | 0.00% | 100.00% | 3.90% |
| Basic Materials | 15.66% | 0.00% | 100.00% | 8.91% |
| Technology | 7.22% | 0.00% | 60.77% | 9.83% |
| Consumer Cyclical | 7.19% | 0.00% | 100.00% | 21.15% |
| Healthcare | 4.36% | 0.00% | 42.86% | 13.36% |
| Communication Services | 2.30% | 0.00% | 100.00% | 43.97% |
| Industrials | 0.11% | 0.00% | 100.00% | 35.99% |
| Utilities | 0.00% | 0.00% | 100.00% | 41.93% |
| Financial Services | 0.00% | 0.00% | 100.00% | 47.12% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 35.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 2.22% | -1.89% | 35.96% | 15.35% |
| Non US | 0.00% | -0.04% | 5.61% | 47.65% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Corporate | 95.93% | 0.00% | 100.00% | 40.27% |
| Cash & Equivalents | 3.61% | 0.00% | 100.00% | 48.45% |
| Securitized | 0.42% | 0.00% | 94.09% | 27.26% |
| Government | 0.04% | 0.00% | 76.79% | 30.86% |
| Derivative | 0.00% | 0.00% | 42.24% | 42.50% |
| Municipal | 0.00% | 0.00% | 11.89% | 25.03% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 81.65% | 0.00% | 135.50% | 44.43% |
| Non US | 12.86% | 0.00% | 96.92% | 44.06% |
BHYIX - Expenses
Operational Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.62% | 0.03% | 4.79% | 72.05% |
| Management Fee | 0.41% | 0.00% | 1.84% | 15.31% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.04% | 0.00% | 0.50% | 13.82% |
Sales Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.00% | 5.50% | N/A |
Trading Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 119.00% | 0.00% | 347.00% | 85.20% |
BHYIX - Distributions
Dividend Yield Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.54% | 0.00% | 34.04% | 25.06% |
Dividend Distribution Analysis
| BHYIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.37% | -2.39% | 10.53% | 26.85% |
Capital Gain Distribution Analysis
| BHYIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Feb 28, 2019 | $0.033 |
| Jan 31, 2019 | $0.037 |
| Dec 31, 2018 | $0.039 |
| Nov 30, 2018 | $0.038 |
| Oct 31, 2018 | $0.039 |
| Sep 28, 2018 | $0.037 |
| Aug 31, 2018 | $0.037 |
| Jul 31, 2018 | $0.038 |
| Jun 29, 2018 | $0.035 |
| May 31, 2018 | $0.036 |
| Apr 30, 2018 | $0.035 |
| Mar 29, 2018 | $0.035 |
| Feb 28, 2018 | $0.033 |
| Jan 31, 2018 | $0.037 |
BHYIX - Fund Manager Analysis
Managers
James Keenan
Start Date
Tenure
Tenure Rank
Dec 31, 2007
13.76
13.8%
Mr. Keenan is a Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team from 2006 to 2007;Prior to joining BlackRock in 2004, He was a senior high yield trader at Columbia Management Group from 2003 to 2004. Mr. Keenan began his investment career at UBS Global Asset Management where he held roles as a trader, research analyst and a portfolio analyst from 1998 through 2003. Mr. Keenan holds the Chartered Financial Analyst designation.
Mitchell Garfin
Start Date
Tenure
Tenure Rank
May 08, 2009
12.41
12.4%
Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.
Derek Schoenhofen
Start Date
Tenure
Tenure Rank
May 08, 2009
12.41
12.4%
Derek Schoenhofen is a Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2006 to 2018; Vice President of BlackRock, Inc. from 2000 to 2005.
David Delbos
Start Date
Tenure
Tenure Rank
Mar 20, 2014
7.54
7.5%
Managing Director of BlackRock, Inc. since 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 37.13 | 6.87 | 2.25 |
